President Trump wants to create jobs. Global corporations want to trick him into giving them a tax cut. They are holding $2.5 trillion untaxed offshore. They’ll bring those trillions home and create jobs, they say. But first, America must give them a $500 billion tax windfall. No tax break, no jobs. The President should have three problems with this Repatriation Tax Amnesty:

It doesn’t work.
It mocks his base.
It rewards his enemies.

There is an easier way to “make American great again.” President Trump can make companies pay the tax without a tax cut, and then watch them bring the money home.

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After 7 years of studying taxation of cannabis, I’m repeating myself a lot. So I’m taking a sabbatical, back to my earlier field of international tax.